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    512 3Rd St N Waite Park, MN 56387

    For Sale
    $299,999

    Commercial - Waite Park, MN

    Lot size:
    0.22 Acres
    Days on Market:
    152
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 512 3Rd St N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    98609470030
    Parking features
    Guest, Parking Lot, Paved or Surfaced
    Exterior features
    Brick/Stone
    Fireplace
    1
    Appliances
    Microwave, Refrigerator
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Fireplace(s), Forced Air
    Cooling system
    Central Air, Ductless

    Building Details

    Year built
    1922
    Flooring type
    Carpet, Linoleum, Vinyl
    Building materials
    Block, Brick, Concrete, Frame
    Architectural style
    Other

    Weichert,Realtors-Tower Properties (218) 825-7787 [email protected]

    Listing agent Devin Shellito (218) 825-7787

    Listing date Jul 7, 2025

    MLS# 6748821 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waite Park Commercial Opportunity

    This commercial building, located on one of Waite Park's busiest roads and minutes from Crossroads Mall, offers a versatile layout suitable for various business needs. The single-level building is divided into four units and provides 3,439.03 sq.ft. of space. Features include a welcoming entry door, a conference room, a built-in desk, a cozy gas fireplace, and central air for year-round comfort. Situated on a 0.22-acre lot, the location provides excellent visibility and high foot traffic, making it suitable for businesses seeking to expand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waite Park
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.223439
    Latitude
    45.558653

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    FAQs

    What type of property is this?
    Office space - Spacious commercial building on a busy road near Crossroads Mall.
    Where is this office space located?
    The property is located at 512 3Rd St N Waite Park, MN.
    What is the asking price?
    The asking price for this property is $299,999.
    What are key features of this property?
    This property features: - High-visibility location on a busy road in Waite Park, near Crossroads Mall; - Spacious 3,439.03 sq. ft. building suitable for business expansion; - Versatile layout with four units on one level
    (218) 825-7787
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    512 3Rd St N Waite Park, MN 56387
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